Agree, the risk of a shutdown of at least one mine is accelerating, perhaps prompting SBM to put out its announcement on the China virus late this afternoon which far from reassuring and looked more like a warning. They have also done what so many other companies have recently done and drawn down $200 million from its debt facility to give it some more wriggle room, a grab for the cash while it is still available.
Agree, the risk of a shutdown of at least one mine is...
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Mkt cap ! $165.6M | |||
| Open | High | Low | Value | Volume |
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